NOT LISTED FOR SALE

55 Israel Head Rd Unit 311 Ogunquit, ME 03907

Ogunquit Neighborhood

Estimated Value: $541,000 - $592,000

1 Bed
2 Baths
653 Sq Ft
$579/mo HOA Fee

Last Sold June 06, 2024

Last sale price $510,000 $781 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,768/month

Highlights

  • Ocean Front
  • Nearby Water Access
  • In Ground Pool
  • Wells Junior High School Rated A-
  • Public Beach
  • Scenic Views

About This Home

As of June 2024

Welcome to your charming coastal retreat in the heart of Ogunquit, Maine! This beautifully appointed one bedroom condo was recently renovated from head to toe and offers the perfect combination of convenience and tranquility. Situated in a central location in town and just steps away from the picturesque Marginal Way, this location puts all of Ogunquit at your doorstep. The Lookout condominium building offers a variety of amenities to enjoy including an in-ground pool, tennis court, multiple gathering spaces, function room and and an abundance of outdoor common space to enjoy the salty air. The unit is located on the third floor and can be accessed by stair or elevator. As you enter the unit you are greeted by an inviting living space with separate side room that can be closed off by sliding, recessed doors for additional sleeping quarters. A large deck flanks the living space and offers the perfect environment to enjoy the fresh sea breezes and take in the sights and sounds of this vibrant coastal community. Adjacent to the living room, you will find the fully renovated kitchen with stone countertops and updated appliances. Large upper and lower cabinets offers plenty of opportunity to store your kitchenware and food items. The roomy primary bedroom suite with accompanying full bath provides the perfect retreat after enjoying a long day at the beach or from enjoying walks along the Marginal Way. Don't miss this rare opportunity to own your own piece of paradise in Ogunquit, Maine!

Last Agent to Sell the Property

Chris Erikson, Esq.

The Aland Realty Group, LLC Listed on: 04/30/2024

The Aland Realty Group, LLC

Last Buyer's Agent

Susan Gately

Real Broker

Real Broker

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,493

Year Built

  • Built in 1910

Lot Details

  • Ocean Front
  • Public Beach
  • Landscaped
  • Lot Has A Rolling Slope

HOA Fees

  • $579 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 653 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Scenic Vista Views
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • Nearby Water Access
  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 18/311
  • Assessor Parcel Number OGUN-000004-000018-000311

Community Details

Overview

  • 66 Units
  • The Lookout~Horizons Subdivision

Amenities

  • Coin Laundry
  • Elevator

Pet Policy

  • No Pets Allowed

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,493

Year Built

Built in 1910

Lot Details

0

HOA Fees

$579 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.03
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: THE LOOKOUT~HORIZONS
  • Directions: From Ogunquit center follow Shore Rd. south until you see Israel Head Road on your left. The Lookout is up the hill on your left.
  • Above Grade Finished Sq Ft: 653.0
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1910
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Contract Information:List PriceSqFt: 764.93
  • Property Information:Seasonal: No
  • Property Information:Lot Size Acres -: 1.03
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 653.0
  • Property Information:Garage: No
  • Site:Open: Yes
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: No
  • Water Info:Water View2: No
  • Construction:Wood Frame: Yes
  • Roof:Shingle: Yes
  • Heat System:Baseboard: Yes
  • Heat System:Hot Water: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Electric Range: Yes
  • Appliances Included:Microwave: Yes
  • Heat Fuel:Oil: Yes
  • Cooling:None3: Yes
  • Floors:Tile2: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Amenities:Security System: Yes
  • Location Information:Association Fee: 1737.0
  • Location Information:Fee Frequency Paid: Quarterly
  • Exterior:Vinyl Siding: Yes
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Units in Building: 66
  • Driveway:Common2: Yes
  • Living Room:Living Room: Yes
  • Floors:Laminate: Yes
  • Gas:No Gas: Yes
  • Parking:On Site2: Yes
  • Style:Multi-Level: Yes
  • Location:Near Public Beach: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Nearby: Yes
  • Recreational Water:Oceanfront: Yes
  • Site:RollingSloping: Yes
  • Property Information:Bank Owned REO: No
  • View:Scenic: Yes
  • Transportation:Public Transport Access: Yes
  • Amenities:Elevator Passenger: Yes
  • Amenities:Laundry - Coin: Yes
  • Amenities:Tennis Court: Yes
  • Restrictions:No Dogs Allowed: Yes
  • Restrictions:No Cats Allowed: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Parking Reserved Parking: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Microwave, Electric Range, Dishwasher
  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace: No
  • Interior Amenities: Elevator Passenger, Other, Primary Bedroom w/Bath
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Open Lot, Rolling Slope, Sidewalks, Landscaped, Intown, Near Public Beach, Near Shopping, Near Public Transit
  • Pool Features: In Ground
  • View: Scenic
  • Waterfront: No
  • Construction Type: Vinyl Siding, Wood Frame
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: 1 - 4 Spaces, Common, On Site, Paved

Utilities

  • Laundry Features: Laundry - Coin
  • Security: Security System
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Baseboard
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Utilities On
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1737.0
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Pets Allowed: No Cats Allowed, No Dogs Allowed

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 44866.8
  • Parcel #: OGUN-000004-000018-000311
  • Zoning: LBD

Multi Family

  • Number Of Units In Community: 66

Tax Info

  • Tax Annual Amount: 2493.0
  • Tax Lot: 18/311
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2018
Sold by
Gagne Ty H and Gagne Debra L
Bought by
Gagne 2018 Ret
Current Estimated Value
$570,666

Purchase Details

Listed on
Mar 7, 2017
Closed on
Jun 6, 2017
Sold by
Weiner Diana G
Bought by
Gagne Ty H and Gagne Debra L
Seller's Agent
Chris Erikson, Esq.
The Aland Realty Group, LLC
Buyer's Agent
Marjorie Rogers
Bean Group
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$125,000
Outstanding Balance
$103,328
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$467,338

Purchase Details

Closed on
Dec 18, 2008
Sold by
Garon Gerald S and Garon Meir
Bought by
Weiner Diana G

Purchase Details

Closed on
Dec 15, 2006
Sold by
Harry J Garon Ft
Bought by
Weiner Diana G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gagne 2018 Ret -- --
Gagne Ty H -- --
Weiner Diana G -- --
Garon Gerald S -- --
Weiner Diana G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gagne Ty H $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2024 06/06/24 Sold $510,000 +2.1% $781 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $499,500 +122.0% $765 / Sq Ft
06/02/2017 06/02/17 Sold $225,000 -6.2% $345 / Sq Ft View Prior Sale
04/26/2017 04/26/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $239,900 -- $367 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,493 $385,900 $180,000 $205,900
2023 $2,493 $385,900 $180,000 $205,900
2022 $2,439 $385,900 $180,000 $205,900
2021 $2,240 $275,200 $5,200 $270,000
2020 $2,202 $275,200 $5,200 $270,000
2019 $2,202 $275,200 $5,200 $270,000
2018 $2,177 $275,200 $5,200 $270,000
2017 $2,025 $267,100 $5,200 $261,900
2016 $1,942 $240,000 $5,200 $234,800
2015 $1,937 $240,000 $5,200 $234,800
2014 $1,862 $240,000 $5,200 $234,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1587786

Maine Listings

APN: OGUN-000004-000018-000311